General Information
HAREMI LIMITED is a private company, limited by shares, registered in UK, registration number 05943974, registration address Hub8 Mx Off Chester Walk, Cheltenham, Gloucestershire, United Kingdom, GL50 3JZ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
25 Reducing Balance
|
| Computer Equipment |
33 Straight Line
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 43 (2024 : 44).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 October 2024 |
7,141 |
|
73,671 |
|
80,812 |
| Additions |
- |
|
7,862 |
|
7,862 |
| Disposals |
(7,141) |
|
- |
|
(7,141) |
| At 30 September 2025 |
- |
|
81,533 |
|
81,533 |
| Depreciation |
| At 01 October 2024 |
4,200 |
|
64,211 |
|
68,411 |
| Charge for year |
- |
|
7,825 |
|
7,825 |
| On disposals |
(4,200) |
|
- |
|
(4,200) |
| At 30 September 2025 |
- |
|
72,036 |
|
72,036 |
| Net book values |
| Closing balance as at 30 September 2025 |
- |
|
9,497 |
|
9,497 |
| Opening balance as at 01 October 2024 |
- |
|
9,460 |
|
9,460 |
|
| 4. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
790,610 |
|
1,167,723 |
|
790,610 |
|
1,167,723 |
|
| 5. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
167,299 |
|
228,087 |
| Bank Loans & Overdrafts |
22,886 |
|
126,899 |
| Taxation and Social Security |
322,663 |
|
371,811 |
| Other Creditors |
42,527 |
|
50,481 |
|
555,375 |
|
777,278 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
0 |
|
29,378 |
|
0 |
|
29,378 |
|
| 7. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
(2,374) |
|
(2,606) |
|
(2,374) |
|
(2,606) |
|
3
|